Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.
Green Car Congress
MAY 26, 2010
equity in Mahindra REVA via a combination of equity purchase from the promoters and a fresh equity infusion of over Rs 45 crores (approx US $10 million) into the company. Its REVA electric vehicle was first commercially available in Bangalore in 2001 and in London in 2004, under the G-Wiz brand. Earlier post.) Earlier post.).
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